|XAUUSD Longtem downtrend|
|Thu, 19 Oct 2017 00:23:09 -0500|
I Should say seeing the month and week chart that gold still has to go down , even under 1000
|set your buy limit in GOLD. possible Quasimodo pattern|
|Thu, 19 Oct 2017 00:08:00 -0500|
resistance in H4 before was broken with the strenght of uptrend, but now gold is looking for best support. in my sight, 1265-1267 is the best choice to entering as long position in gold. with stop loss 1260. (quasimodo pattern)
|H4 double bottom @ 61.8 Fibs|
|Wed, 18 Oct 2017 23:05:23 -0500|
H4 double bottom @ 61.8 Fibs
|Wed, 18 Oct 2017 22:01:34 -0500|
|XAUUSD Possbile Movement|
|Wed, 18 Oct 2017 21:19:43 -0500|
If this 30 minute bar close as a long pin bar and above 1277, this pattern will be valid, targeting at 1285.
|Wed, 18 Oct 2017 21:09:45 -0500|
IM WAITING A POSSIBLE REBOUND IN THE GREY ZONE
|Gold Down To FOMC Meeting Oct 31st£|
|Wed, 18 Oct 2017 21:09:18 -0500|
Just Trend lines and Repeating Patterns
|[GOLD] POTENTIAL REBOUND IN SHORT TERM...|
|Wed, 18 Oct 2017 17:06:06 -0500|
The trend remains bearish at the moment, 3D PATTERN potential on H1 chart can appair, and it could develop a HEAD AND SHOULDERS (bullish). If you are not able to trade 3D PATTERN, wait for confirmation and take long position on the right shoulder with stop below the head. If you think this analysis can be useful, leave a your comment or your LIKE! Thank you for support and trade with care!
|Wed, 18 Oct 2017 16:15:08 -0500|
continuation of bullish move
|GOLD / £|
|Wed, 18 Oct 2017 15:11:37 -0500|
Well although we touched 1277-1276 and bounced up, this is not a very promising bounce. Good things are: EU is heading higher today, means that even though Gold is lagging to follow, means it will follow up in few. We broke Tendency level 1287 upwards, so even after a pullback the tendency should be up ( although at 1288 stronger level was located so it may invalidate tendency level / just maybe / ) 1276 is a gate level! I mentioned that level while ago, as I did not like how it broke down that day giving this level as a target! At some point by some rules, I trashed it, but I said I keep it in mind all the way - and here it comes! For a healthy bull environment, we should not mess with it! Meaning that if this was the target Gold was willing to reach, it should touch it and go, no matter fast or slow, but Go. What it can do is, break it and shoot up - which is not good because even if we go up 1322-1348-1357-1378-1400-1500 doesn't matter, we come back to reach the target given by the break of 1276 gate level! EDIT - have no idea why I wrote " is not good " am I a GoldBug£ I guess so, otherwise, I would say ' Which is good because then we will sell up there " Or we break it and go down to the target, which is possible if it breaks by 1$ I'm out of Long! In this condition, the first move after open is very sensitive! I would raise both hands for a first move down to 1276 creating a double bottom. This is the only scenario that can prove the bull is there. Another scenario goes up to 1284, breaking 1282 and don't come back! Although that would be considered as a first move up, and if after doing the first move up it comes back down breaks back 1282 and then tests 1276, I give little to no chance of 1276 holding in this case! These are two best to have scenarios to prove that 1276 is the bottom for now. Anyway, it is the price that Comex say's it is, so nobody gives a fifth of a half-eaten $@%#%#% about these first moves and 1276. Now Sleep Tight! Take Care.
|Second round - XAUUSD|
|Wed, 18 Oct 2017 15:08:03 -0500|
After the dip, here comes the second long operation.
|XAUUSD - LONG SETUP|
|Wed, 18 Oct 2017 11:56:12 -0500|
I am currently short on GOLD but I am already planning my long setup. My first long entry will be around 1237-38. There is a Gartley Pattern and the weekly basis bollinger bands area. The reason why my SL is so low is because I am also ready to handle my long if the pattern isnt valid until the 1209 area. The reason why I will be holding till that low is because I can see an AB=CD pattern on higher timeframe that would complete at 1212 and it would also be the 61.8% fibs from 1122 to 1356. The key is not to be rich overnight but to always win. The key to achieve this, low lots size so you can handle negative, but like I said from 1237-38 I am expecting a retracement to 1290-1300.